Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Complating digital assets win the long game in Crypto

2025-05-17

Top 5 block chains due to 7-day growth in active addresses and transactions

2025-05-17

Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

2025-05-17
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Top 5 block chains due to 7-day growth in active addresses and transactions

    2025-05-17

    SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

    2025-05-17

    Rideshare Company Lyft taps bee cards for decentralized mapping data

    2025-05-17

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-17

    DAC platform and M3 DAO partner to bridge web3 and real-world ecosystems

    2025-05-17
  • NFT

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14

    The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Billionaire Warren Buffett dumps $ 3,230,000,000 from Berkshire’s exposure to Citigroup, Bank of America and Capital One after leaving Wells Fargo, JPMorgan Chase

    2025-05-17

    Current consolidation will not prevent XRP from growing

    2025-05-17

    Analyst says that Top-20 Altcoin is ready to explode with 85%+ ultimately, Outlook works on Bitcoin and Dogwifhat at

    2025-05-16
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»China focuses on Crypto development and brings 50,000 developers to its state-run blockchain
Blockchain

China focuses on Crypto development and brings 50,000 developers to its state-run blockchain

2023-12-21No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

China’s push supports Web3 goals but centers power with the state; Concerns surrounding the digital yuan persist despite the momentum from tech giants and developers.

The Chinese Ministry of Science and Technology Yin Hejun did that announced through a written response to the proposal of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) that the Chinese government attaches great importance to the development of the Web3 industry.

He claimed:

“The proposals for strengthening support for research and development resources in Web3 technology, strengthening technology supervision and management, encouraging international cooperation and strengthening publicity and promotion are forward-looking and strategic and highly compatible with the key work of the ministry.”

The document recognizes China’s robust industrial base and the extensive development potential for Web3, which includes policy support, technical research and real-world applications. Official guidance on blockchain technology and blockchain innovation pilots exploring different use cases from trade finance to intellectual property are cited in the document.

Leading Chinese technology companies such as Ant Group, Baidu and Huawei demonstrate the consortium’s crucial role in this sector. Moreover, according to China, more than 50,000 developers are involved in the state-backed blockchain Chang’an Chain.

The Ministry of Science and Technology and other government agencies have introduced policies and standards to accelerate blockchain adoption. Local programs in Beijing and Shanghai are also aimed at cultivating Web3 innovation. Authorities are seizing the opportunities in this emerging area by providing a supportive environment through guidelines, committees and targeted initiatives.

China’s embrace of Web3 technologies marks a shift from its previous stance of banning cryptocurrencies and cracking down on mining activities. However, concerns remain about the Chinese Central Bank’s digital currency (CBDC), the digital yuan. Although the digital yuan is positioned as an advanced payment mechanism, it enables unprecedented surveillance and control by authorities.

See also  Domin Network and Mango Blockchain are launching revolutionary partnership to bridge web2 and web3

Source link

Blockchain Brings China Crypto developers Development Focuses staterun
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Complating digital assets win the long game in Crypto

2025-05-17

Top 5 block chains due to 7-day growth in active addresses and transactions

2025-05-17

SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

2025-05-17

Rideshare Company Lyft taps bee cards for decentralized mapping data

2025-05-17
Add A Comment

Comments are closed.

Top Posts

Starknet Foundation stimulates game development with Propulsion Pilot Program

2024-04-27

Bitcoin: Who Will Dictate the Price of BTC: Short-Term Holders or Whales?

2023-10-28

CEO is super bullish on Solana and predicts SOL up to 2x if this pattern is confirmed

2023-10-20
Editors Picks

HypeQuest announces launch on Manta Network, expanding SocialFi and GameFi integration

2024-10-15

Adidas Quietly Secures New Crypto Deal: Details

2024-04-11

Tokenizing the music industry with music NFTs

2024-08-04

Gelios announces a new partnership with CyberKart-Ai to enhance its capabilities

2024-06-02
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Complating digital assets win the long game in Crypto

Top 5 block chains due to 7-day growth in active addresses and transactions

Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,809.21-1.06%
  • ethereumEthereum(ETH)$2,456.56-4.51%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.77%
  • binancecoinBNB(BNB)$638.55-1.93%
  • solanaSolana(SOL)$165.03-3.07%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.212304-6.13%
  • cardanoCardano(ADA)$0.74-4.58%
  • tronTRON(TRX)$0.271234-0.17%
  • suiSui(SUI)$3.75-1.93%
  • chainlinkChainlink(LINK)$15.16-5.66%
  • avalanche-2Avalanche(AVAX)$22.23-5.32%
  • stellarStellar(XLM)$0.282666-4.59%
  • hyperliquidHyperliquid(HYPE)$26.08-5.27%
  • unus-sed-leoUNUS SED LEO(LEO)$9.011.53%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.43%
  • hedera-hashgraphHedera(HBAR)$0.187931-4.93%
  • bitcoin-cashBitcoin Cash(BCH)$389.39-2.49%
  • the-open-networkToncoin(TON)$3.04-2.48%
  • litecoinLitecoin(LTC)$97.02-3.96%
  • polkadotPolkadot(DOT)$4.62-4.86%
  • moneroMonero(XMR)$334.91-1.77%
  • bitget-tokenBitget Token(BGB)$4.94-1.12%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-9.08%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • piPi(PI)$0.66-17.93%
  • bittensorBittensor(TAO)$417.54-4.90%
  • uniswapUniswap(UNI)$5.73-7.90%
  • aaveAave(AAVE)$221.75-4.53%
  • nearNEAR Protocol(NEAR)$2.67-6.30%
  • aptosAptos(APT)$5.08-4.64%
  • okbOKB(OKB)$52.95-1.33%
  • kaspaKaspa(KAS)$0.111334-7.52%
  • ondo-financeOndo(ONDO)$0.91-5.75%
  • ethereum-classicEthereum Classic(ETC)$18.16-3.86%
  • internet-computerInternet Computer(ICP)$5.13-4.33%
  • gatechain-tokenGateToken(GT)$21.50-1.31%
  • crypto-com-chainCronos(CRO)$0.097025-3.81%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.67-0.53%
  • mantleMantle(MNT)$0.73-2.58%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230565-4.18%
  • vechainVeChain(VET)$0.027437-5.81%
  • render-tokenRender(RENDER)$4.49-6.25%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • ethenaEthena(ENA)$0.354160-5.07%
  • cosmosCosmos(ATOM)$4.73-3.18%
  • filecoinFilecoin(FIL)$2.76-6.43%
  • algorandAlgorand(ALGO)$0.213399-5.63%
  • bitcoinBitcoin(BTC)$102,809.21-1.06%
  • ethereumEthereum(ETH)$2,456.56-4.51%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.77%
  • binancecoinBNB(BNB)$638.55-1.93%
  • solanaSolana(SOL)$165.03-3.07%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.212304-6.13%
  • cardanoCardano(ADA)$0.74-4.58%
  • tronTRON(TRX)$0.271234-0.17%
  • suiSui(SUI)$3.75-1.93%
  • chainlinkChainlink(LINK)$15.16-5.66%
  • avalanche-2Avalanche(AVAX)$22.23-5.32%
  • stellarStellar(XLM)$0.282666-4.59%
  • hyperliquidHyperliquid(HYPE)$26.08-5.27%
  • unus-sed-leoUNUS SED LEO(LEO)$9.011.53%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.43%
  • hedera-hashgraphHedera(HBAR)$0.187931-4.93%
  • bitcoin-cashBitcoin Cash(BCH)$389.39-2.49%
  • the-open-networkToncoin(TON)$3.04-2.48%
  • litecoinLitecoin(LTC)$97.02-3.96%
  • polkadotPolkadot(DOT)$4.62-4.86%
  • moneroMonero(XMR)$334.91-1.77%
  • bitget-tokenBitget Token(BGB)$4.94-1.12%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-9.08%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • piPi(PI)$0.66-17.93%
  • bittensorBittensor(TAO)$417.54-4.90%
  • uniswapUniswap(UNI)$5.73-7.90%
  • aaveAave(AAVE)$221.75-4.53%
  • nearNEAR Protocol(NEAR)$2.67-6.30%
  • aptosAptos(APT)$5.08-4.64%
  • okbOKB(OKB)$52.95-1.33%
  • kaspaKaspa(KAS)$0.111334-7.52%
  • ondo-financeOndo(ONDO)$0.91-5.75%
  • ethereum-classicEthereum Classic(ETC)$18.16-3.86%
  • internet-computerInternet Computer(ICP)$5.13-4.33%
  • gatechain-tokenGateToken(GT)$21.50-1.31%
  • crypto-com-chainCronos(CRO)$0.097025-3.81%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.67-0.53%
  • mantleMantle(MNT)$0.73-2.58%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230565-4.18%
  • vechainVeChain(VET)$0.027437-5.81%
  • render-tokenRender(RENDER)$4.49-6.25%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • ethenaEthena(ENA)$0.354160-5.07%
  • cosmosCosmos(ATOM)$4.73-3.18%
  • filecoinFilecoin(FIL)$2.76-6.43%
  • algorandAlgorand(ALGO)$0.213399-5.63%